National Republican., 1887-04-01
AN UPWARD MOVEMENT.
Much Moro Confident Buying on the
Stock Exchange,

New YORK, Mar. 3l.-The upward move
ment in the stock market was again re-
sumed to-day and the steady appreciation
of values met with no set back Of impor-
tance throughout the entire day. Notwith-
standing the fact that money ruled higher
than 1t has yet done, and the fear OF strin-
gent money to some extent restricted specu-
lation, a strong and even buoyant tone was
developed late in the day and the general
distribution Of the trading was a marked
feature. London was not an important
factor, although IL had buying orders In
several Of the low priced shares, particularly
the Gould stocks. An unusual increase of
buying orders from Chicago was noticed,
and the belief became general upon the
street that strong bull pool had been
formed which began operations to-day.
The opening this morning was comparn--
lively quiet but firm, at advances of small
fractions over last evenings final figures.
There was no special feature in the trad
ing In the first hour, but the entire list
made further slight advances. There was IA
noticeable increase in the amount OF busi-
ness done In the entire list, aud the up
ward movement continued. In the after
noon there was less animation In the mar
ket, and the high prices OF the morning
were not fully maintained. Fort Worth
last hour, however, there was a renewal OF
the confident buying, and the close was
moderately active and strong at the best
prices of the day.
Money on call has been tighter, ranging
from to 8, last loan at u, and closing Of.
fered at z. Sterling exchange is dull and
steady. Actual business at 4S42 to 4S5 for 60
day bills and 4Sf3 to 4S7 for demand.
Posted rates 1851 to 4SS. Government
bonds have been dull, but firm. State
bonds have been dull and steady.
Treasury balances - Coin, Sl35, 5,535. .673;
currency, $ls,0l2,4l3.
The following were the closing bid quo
tations
as loo2s IS, l2s7zi AZ COUP, 1926 Psc. os of
Cons, 81; Mo, Gs Of 81, i6l; n. g. Cons. 6s,
1851; do. As, 9Q1a; Tenn. settlem't 6s, 1859;
do 5s 103 Va; S., IS; do. consnls x N. e.
81 Tenn ssttIGmt 81 7Si oeRPl Paci Yolst lst
Northern I Pac. ist, liz; do. "a, 1911; North.
western cons, no: do. debenture, llO1s; ST.
San Fran lli3; s., Paul sOT3S Cons, BAL I29 n
ii$$ Il West a 81 Shore re- io x % Adams S2 @ is 49,
Alton IT.. T. HI 2s DO pr Pref sS AnsFcan S A.
500; Ches. & Ohio, "a; Chicago & Alton, ~;
a.; pref 100; G. B, So l393Si Geye,6 \ Co..
7254; Fort Wayne, 1885 Harlem, 2lG;
Hoas: ( ao1 Tex aO, H. Cen i294 III Ksps sSo,S 4
s5 Lul. 4 Nash, GG1s; Mari. h Con-, 1856; N.
4 Chat, So; Met. L., 20s;. Mich. Cen, %; No.
Pac., i0s2si Mob. 4 o., lG1S; Man; 4 e, 1874; n
5O3S; Northern Pac, 2s3s; do pref, 60; North
western; l2O2s do pref itG; N Y, Central s5,l
ohio ohio & Miss, 8i54; do. pref, 53 Or Nav, l022;
Pac. Mail, 5S9ES; Pitsburg, ibi11S; Reading, s7lai
RiSn ISs 81 4os Foh AL Dan, d. iSS o,e ROCK ss i
| i2is1; ST. Paul 4 o., 5lIS; do, pref, il2ll;
Tex, Pac. 800; Union Pac., 6l14; U. g.. X,
90; Wab: Pac., l924; do. pref, 3S}s; Wells Far
| Cotton Oil Trust, So; Quicksilver, 6h; do.
pref, 80
0raIn ana Provisions.
Following is the range OF gricei In the Chicago